Private Saving and Terms of Trade Shocks : Evidence From Developing Countries /

This paper examines the relationship between temporary terms of trade shocks and household saving in developing countries. It is first shown that, from a theoretical standpoint, this relationship is ambiguous: private saving may rise or fall in response to a transitory terms of trade shock, dependin...

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Bibliographic Details
Main Author: Ostry, Jonathan
Other Authors: Reinhart, Carmen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/100
Online Access:Full text available on IMF